Flexible Retail
For Lease
Contact for pricing
444 N Michigan Ave, Chicago, IL 60611
Ground-floor space offers tenant-branded storefront potential along Michigan Avenue.
Space Size3,928 SF
Days on Market1363
Property Features for 444 N Michigan Ave
General Information
Standard status
Active
Size
3,928 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Magnificent Mile
Spaces For Lease
at 444 N Michigan Ave
444 N Michigan Ave
AVAILABLE, Now
Floor
11
Size
3,928 SF
Type
OFFICE
Rate
Contact for pricing
Sublease
No
- 444 North Michigan offers unique small shop flagship retail opportunities with multiple configurations available.
- Situated at the base of a 518K SF+ Class A office tower, the ground floor is being reconfigured to provide up to 6,763 SF of flexible retail space fronting the Magnificent Mile. Boasting over 80 feet of frontage and the ability for tenant branded storefronts, the prominence and visibility offered at 444 North Michigan Avenue provides an elegant lure to capture consumers from the nearly 30 million visitors who travel Michigan Avenue every year.
- Drawing tourists and visitors from the south, office workers and local residents from the east and west as well as the ever-present shopping populations along the avenue, 444 North Michigan Avenue offers an ideal location for small shop retailers looking to cement themselves at the center of Chicago’s famed high street.
Contact us
Listing Agency:
Transwestern | Chicago
(312) 881-7000
Listed By:
John Nelson
(312) 257-2892
Source:
Moodyscre
Added: Feb 7, 2023
Changed: Oct 26
Last Checked: Oct 30 at 4:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Transwestern | Chicago
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Investment Insights
Based on property information with market context.
444 North Michigan Avenue offers ground-floor retail space within a Class A office tower. The space is being reconfigured to accommodate flexible retail configurations, with the ability to create tenant-branded storefronts and more than 80 feet of frontage along the Magnificent Mile.
The property is positioned at the base of a 518K SF+ office tower at 444 N Michigan Ave in Chicago. Michigan Avenue draws tourists, office workers, local residents, and shopping populations, with nearly 30 million visitors traveling the avenue every year. The location provides a prominent setting for retailers seeking a presence along Chicago’s high street.
The property is positioned at the base of a 518K SF+ office tower at 444 N Michigan Ave in Chicago. Michigan Avenue draws tourists, office workers, local residents, and shopping populations, with nearly 30 million visitors traveling the avenue every year. The location provides a prominent setting for retailers seeking a presence along Chicago’s high street.
Key Highlights
- Ground‑floor retail space at the base of a 518K SF+ Class A office tower
- More than 80 feet of frontage along the Magnificent Mile
- Flexible retail configurations available as the ground floor is reconfigured
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
34,739
Businesses Nearby
592k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Hotels & Casinos 25%
Apparel 23%
Shops & Services 5%
Nordstrom
Apparel
136,729 visits/mo
0.2 miles
Starbucks
Dining
132,317 visits/mo
0.2 miles
McDonald's
Dining
65,567 visits/mo
0.4 miles
McDonald's
Dining
52,443 visits/mo
0.5 miles
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.4 miles
Demographics for 60611, IL
38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Chicago, IL
$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,623 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor space offers tenant-branded storefront potential along Michigan Avenue.
Where is this retail space located?
The property is located at 444 N Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Ground‑floor retail space at the base of a 518K SF+ Class A office tower; More than 80 feet of frontage along the Magnificent Mile; Flexible retail configurations available as the ground floor is reconfigured
